By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
Thanks Scalloway, my company was active then dormant for about 8 years and has zero transactions and balances so is there an example that shows me what wording to use ? I usually send in paper accounts after CH broke the link with HMCR dunno if it's easier online or if I have access.
Is this accounting convention wording still valid for a dormant company ? -
"The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2005)."